Where Does Uranium Energy Corp. (UEC) Rank When It Comes To Price-To-Earnings Ratio?

Uranium Energy Corp. (AMEX:UEC) finished Wednesday with an addition of $0.03 to close at $3.37, an upside of 0.90 percent. An average of 7,174,100 shares of common stock have been traded in the last five days. There was a fall of -$0.35 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 6,263,565 shares traded, while the 50-day average volume stands at 7,001,204.

UEC stock has decreased by -12.01% in the last month. The company shares reached their 1-month lowest point of $3.29 on 03/08/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $2.92 and a high of $6.60 in 52 weeks. It has reached a new high 8 times so far this year and lost -13.14% or -$0.51 in price. In spite of this, the price is down -48.94% from the 52-week high.

Valuation Metrics

Uranium Energy Corp. (UEC) has a trailing price-to-earnings (P/E) ratio of 306.36. The stock’s beta is 2.04. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 7.65, the price-to-book (PB) ratio at 1.95.

Financial Health

The quick ratio of Uranium Energy Corp. for the three months ended October 30 was 1.50, and the current ratio was 3.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending October 30. Its gross profit as reported stood at $7.29 million compared to revenue of $23.16 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Uranium Energy Corp.’s return on assets was 0.80%.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$3.76 million in the quarter, while revenues of $5.46 million were grew 44.95%. The analyst consensus anticipated Uranium Energy Corp.’s latest quarter earnings to come in at -$0.02 per share, but it turned out to be -$0.02, a 0.00% surprise. For the quarter, EBITDA amounted to $4.08 million. Shareholders own equity worth $369.8 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Uranium Energy Corp. (UEC) price momentum. RSI 9-day as of the close on 08 March was 32.65%, suggesting the stock is Neutral, with historical volatility in this time frame at 49.86%.

As of today, UEC’s price is $3.53 -9.41% or -$0.35 from its 5-day moving average. UEC is currently trading -13.37% lower than its 20-day SMA and -7.92% lower than its 100-day SMA. However, the stock’s current price level is -7.16% below the SMA50 and -1.46% below the SMA200.

The stochastic %K and %D were 7.43% and 16.60%, respectively, and the average true range (ATR) was 0.17. With the 14-day stochastic at 9.88% and the average true range at 0.17, the RSI (14) stands at 36.73%. The stock has reached -0.16 on the 9-day MACD Oscillator while the 14-day reading was at -0.21.

Analyst Ratings

Canaccord Genuity upgraded Uranium Energy Corp. (AMEX: UEC) to a a Speculative buy rating in its most recent analyst report. Previously, the stock was rated as a Hold.

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